Friday, 08 Aug, 2025

Business

IMF okays extra $258.3 mln for Bangladesh

DHAKA: The Executive Board of the International Monetary Fund (IMF) approves additional $258.3 million disbursement for Bangladesh, bringing total disbursements under Extended Credit Facility (ECF) to about $904.2 million.After completion of the fifth and sixth reviews of Bangladesh’s

Tolls of bridges on online to curb theft

DHAKA: Road transport and bridges minister Obaidul Quader on Wednesday disclosed that the toll of all larger bridges will be collected on online to avert theft.The minister came up with the assertions in a meeting with ministry officials at the secretariat in city.He further said

PM for 100 economic zones

DHAKA: Prime Minister Sheikh Hasina said that 100 economic zones will gradually be established in the country aiming to enhance both domestic and foreign investment.She made this disclosure at a Bangladesh Economic Zone Authority governing board meeting at PMO in city on

Stocks witness fall Wednesday

DHAKA:  Investors witnessed minor fall in benchmark indices of the country’s bourses on Wednesday, the fourth trading day of the week.DSEX, the key index of Dhaka Stock Exchange, shed over 9.97 points only to stand at 4647.67 at the close of day’s trading.Trade deals stood at 84756

DSE, CSE see early fall

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) – slipped in early hours of trading on Wednesday.     DSEX, the broad index of the DSE, went down 19.60 points or 0.42 per cent to 4638.05 after the first

ECNEC approves 7th Five-Year Plan

DHAKA: The Executive Committee of National Economic Council (ECNEC) on Tuesday gave final approval to the seventh Five-Year Plan (2015-20) worth around Tk 31.90-lakh crore with the view to attain the status of middle income country by 2021.The approval came from the meeting of the

Myanmar to curb USD to stabilize kyat

DHAKA: Myanmar has announced it will curb the widespread use of US dollars by firms, to stabilize the tumbling domestic currency, the kyat.The central bank has revoked foreign exchange licenses from businesses ranging from hotels and restaurants to golf clubs and hospitals.It said a

WB projects 6.5% GDP growth

DHAKA: World Bank (WB) predicted that the growth of Gross Domestic Product (GDP) of Bangladesh at the end of this fiscal will be around 6.5 percent.The government, on the other hand, has said it is expecting a 7 percent GDP growth in this fiscal while the Asian Development Bank in

135m euro EIB loan for Bangladesh rail dev

DHAKA: European Investment Bank (EIB) will provide loan of 135 million euros for the development of Bangladesh railway.EIB website said that organization board approved the loan on October 15.The loan money will be used in constructing 72-km dual-gauge rail track from Akhaura to

Robi to bring 6s, 6s+

DHAKA: Mobile phone operator Robi will bring iPhone latest versions 6s and 6s+ for local market from November.A Robi press release said on Monday.According to the release, people interested can register their names from October 23 onwards through www.robi.com.bd.More information regarding

GP subscription, revenue up

DHAKA: Both the subscription and revenue income of country’s largest cell phone operator Grameenphone (GP) have increased than the previous year.The revenue income in past nine months has increased 1.6 percent and as many as 40 lakh people have been added with the operator as new

8 day vacation at Burimari land port

LALMONIRHAT: Export and import activities of Burimari land port will remain closed for eight days on the occasion of ongoing Durga Puja from Monday.But immigration activities will continue in special arrangement.Trading between Bangladesh, India and Bhutan will resume on October

Bhomra land port closed for 7 days

SATKHIRA: Bhomra land port will remain closed for seven days from Monday on the occasion of ongoing Durga Puja.Export and import activities in the port will resume on October 26.Bhomra land port assistant director Partha Ghosh confirmed the matter to banglanews.BDST: 1532 HRS, OCT 19,

China’s GDP growth slows to 6.9 percent

DHAKA: China’s economic growth has slowed down in the latest quarter, the slowest since early 2009 in the aftermath of the global crisis.The latest data say, reports Al Jazeera.The world’s second-largest economy grew by 6.9 percent in the three months ended in September, data showed

Stocks witness gain Monday

DHAKA: Investors witnessed gain in the benchmark indices of the country’s bourses on Monday, the second trading day of the week.DSEX, the key index of Dhaka Stock Exchange, rose over 36.60 points to stand at 4644.63 at the close of day’s trading. Trade deals stood at 82306 with

Sona Masjid port to be closed for 6 days

CHAPAINAWABGANJ: Export and import activities of the country’s second largest land port Sona Masjid will remain closed for six days on the occasions of Durga Puja and Ashura from October 19.However, the immigration activities will remain open in special arrangement.Confirming the matter

Export-import closed for 8 days in Hili

HILI (DINAJPUR): Export and import activities between Bangladesh and India will remain closed for eight days from October 18 due to the celebration of Durga Puja.However, immigration will be kept normal.Banglahili customs CnF agents’ association secretary Shahinur Islam Shahin told

Stocks end lower Sunday

DHAKA: Country's stock market marked significant fall again in its price indices on Sunday, the first trading day of the week.DSEX, the broad index of Dhaka Stock Exchange, shed over 68.59 points only to stand at 4608.03 at the close of day’s trading.Trade deals stood at 83876 with

Both DSE, CSE down at opening

DHAKA: Share price indices at the country’s both bourses -- Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) -- slipped in early hours of trading on Sunday.     DSEX, the prime index of the DSE, shed over 23.52 points or 0.50 per cent to 4653.10 after the first one-hour

NCT goes into operation

CHITTAGONG: Shipping Minister Shahjahan Khan inaugurated the long-awaited New Mooring Container Terminal (NCT) of Chittagong Port in the district on Saturday afternoon.The terminal came to operation after eight years of the beginning of its construction in 2007.The inaugural ceremony was